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Neutral Bill Mar 16, 2026

FINANCE-CANNABIS REGULATION

Amends the State Finance Act. Creates the Prison Education Fund. Provides that moneys in the Prison Education Fund shall be used by the Illinois Community College Board and Illinois Board of Higher Education to make grants to prison education programs that award associate degrees or bachelor's degrees to currently incarcerated students. Makes changes concerning the allocation of money from the Cannabis Regulation Fund. Provides that 0.5% of the moneys in the Cannabis Regulation Fund, after certain allocations have been made, shall be transferred from the Cannabis Regulation Fund to the Prison Education Fund.

https://legiscan.com/IL/bill/HB4427/2025
Bill data from LegiScan, used under CC BY 4.0.
Willie Preston State Senator Bill Cunningham State Senator Cosponsor Mattie Hunter State Senator Cosponsor Kimberly Lightford State Senator Cosponsor
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